Posted on 03/07/2022 4:51:06 AM PST by MtnClimber
Joe Biden is in a bind.
Like everything else, he's blown it. Energy prices have gone through the roof, with gasoline prices at the pump pushing $6.00 a gallon in San Diego alone. They're expected to get higher, and each tic upward takes Joe down another notch in the polls. Biden has throttled U.S. capacity to produce its own energy by ending domestic drilling leases on federal lands. He's also scuppered the Keystone XL pipeline from Canada. In place of that domestic and Canadian energy, we now buy Russian oil, some 600,000 barrels a day -- which just happens to finance Vladimir Putin's war on Ukraine. The idea of putting sanctions on Putin, while keeping his oil money stream open, is like putting a bath plug on the bottom of a boat and ignoring the huge gash on the side.
"Don't underestimate Joe's ability to f*** things up," as President Obama used to say.
What's an incompetent president to do? Not reverse his bad decisions on domestic energy production, of course. Joe's looking for a bailout -- from Venezuela.
His latest scheme is to turn to Nicolas Maduro, the odious Marxist dictator who turned oil-rich Venezuela into a Cuba-style ruin to replace Russian oil.
(Excerpt) Read more at americanthinker.com ...
Either way, everyone good is going to get the short end of the stick. We can offer $billions, and Venezuelans won't see the money unless they've sold their souls to the government at some level. Or Venezuela says no, and their people continue to suffer poverty and deprivation. Every escalation in the Russian war leads to a longer war, both the hot portion and the cold portion, which hurts everyone, especially Ukranians, but also Americans.
I'm old enough to remember that the reason we decided to stop liking Russia was because Putin signed an anti-gay propaganda law around the time of the Sochi Olympics and protected one of their cathedrals against a rock band's trespass and blasphemy. That and of course our corporate interests.
She is a favorite of mine too.
This administration is such a cluster****. I cannot imagine their endgame. The price of gas at the pump is practically going up while you fill up your vehicle. Watching the administration condemn Putin while buying his gas is laughable. Refusing to use our own gas and oil and buying it from elsewhere is ridiculous. Trying to force people to buy Teslas when they can't afford them and when the power grid will not support it is also laughable. They should be cruising to an electoral disaster, yet thet keep plowing ahead.
Crude oil has no standard composition - It is widely variable with the two extremes called sweet and light and the other end being heavy and sour. Venezuelan oil is heavy and sour and a particularly crappy grade of oil. It's mainly used to bend with light oil grades and by itself is not directly usable in most oil refineries.
It's right out of the Communist playbook; create a crisis and force solutions that benefit only the globalists at the expense of free people who would oppose them.
Venezuela produces “Orinoco Heavy,” so named for the river of that name. It is very viscous, and won’t flow in pipelines unless it is diluted with lighter oil.
https://en.wikipedia.org/wiki/Orinoco_Belt
Problem is PDVSA, the state-owned oil company, has a habit of non-payment to the providers of the lighter oil “diluent.”
September 1, 2021 - 3:14 PM CDT
Venezuela crude output in key region plunges due to diluent shortage
I remember reading, again years ago, that there were only a few refineries that could handle VZ oil.
The Lake Charles, LA Citgo refinery is owned by PDSVA.
https://www.eia.gov/international/analysis/country/VEN/background
Because Syyn Pynn said so.
The left is like a suicide cult.
Joe and his appointees probably want us to use only battery powered cars and other things so that when the power grid is shut down by the Russian or Chinese government, we’ll be more compliant.
US taxpayer $$$ to a communist regime. Why not? SeanPenn supports Venezuela just like he does Ukraine.
There are a significant number of refineries around the world that handle heavy + light blends of crude oil feed. It's not uncommon. An oil refinery is designed to handle crude oil feed that has a narrow range of properties such as viscosity, sulfur content, etc. Crude oil blending keeps the refinery operating in its most efficient sweet spot with respect to capacity, end product mix and economics.
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